German property bank PBB can't rule out Q4 pretax loss, CEO says

Deutsche Pfandbriefbank AG

13/11/2025 09:10

FRANKFURT, Nov 13 (Reuters) - Deutsche Pfandbriefbank PBBG.DE (PBB), one of Germany's top property financiers, isn't ruling out a pre-tax loss in the fourth quarter, its CEO Kay Wolf said on Thursday.

"We currently expect a positive figure for the last quarter of the year. However, depending on the progress made in derisking the bank, we cannot rule out a loss," Wolf told journalists after the bank released its latest earnings report.

 (Reporting by Tom Sims and Christina Amann, Editing by Miranda Murray)

 ((Tom.Sims@thomsonreuters.com; +49 30 220 133 645;))